2. Financial Finance-It is relatively difficult to apply for a financial major, but it is theoretical. As far as international students are concerned, the employment situation is not as good as the other two directions.
3. Financial analyst Financial analysis-Financial analysis is different from marketing and human resource management, and its hard skills can be used in any country. At the same time, foreign students majoring in this major not only have high employment rate and high salary, but also are quite respected in the United States. In addition, it is much less difficult to apply for a master's degree in this major than other master's degrees in finance. However, in general, financial majors are still difficult to apply for. Moreover, due to the high return on funds and fierce competition in the future, there are few scholarships in this subject, so the possibility of winning the prize is relatively small. If you want to win the prize, you must have a strong background to support it.
Financial engineering is an important branch of Master of Finance.
Financial engineering is the latest discipline to solve financial problems with mathematics as a tool, and it has great development prospects. Financial engineering is an interdisciplinary subject which combines finance, mathematics and computer science. Its courses are usually taught jointly by the business school, mathematics department and engineering college of the university, and the courses focus on the financial field. Therefore, the depth is far beyond MBA financial courses, which usually include stock market analysis, portfolio analysis, futures and options, asset pricing, capital budgeting, fixed income analysis, interest rate model, financial risk management and other courses. Financial engineering is the fastest developing discipline in recent years, and its research scope covers four fields: computer, finance, mathematics and statistics. Due to the rapid changes in the financial environment and the progress of science and technology in recent years, the market has become international and the types of enterprises have become more and more diversified. In such an environment, the market needs more kinds of financial products as investment tools. Faced with such a complex demand, designing a financial product needs the assistance of financial concepts, mathematical statistics and financial knowledge.
The master of financial engineering puts forward double requirements for mathematics and finance, providing double knowledge and ability.
MFE is a special education to train senior financial talents. The courses of master of financial engineering are all concentrated in the financial field, and it is not necessary to have work experience to apply for master of financial engineering. However, to apply for a master's degree in financial engineering, the applicant must have taken two courses-calculus and statistics, so it is not suitable for liberal arts students in universities. Some American universities offer financial mathematics (i.e. financial engineering) in the school of mathematics, but compared with other majors in the school of mathematics, financial mathematics has added this part of finance. Some American universities have set up financial engineering majors in business schools, but financial engineering majors pay more attention to the applicant's mathematical ability than other majors in business schools. Therefore, if the applicant does not have a strong mathematical foundation, I suggest you consider other financial applications.
Finance focuses on the applicant's management background, and admission is relatively easy.
Generally speaking, the master of finance is in the finance department below B-School, and there is also the financial management course of MBA. These courses are of a strong commercial nature, and both teaching knowledge and admission value the applicant's management background. The admission standard is GMAT, not GRE. Mainly cultivate talents in financial management. However, there is still a big difference between a master of finance and an MBA. MF admission is generally easier, and the difficulty of MBA admission is well known. In addition to the relatively high GMAT score, the main factors are the application background and work experience, and whether there is financial experience in successfully operating a large company is also one of the important inspection points.